Leasing

Sirius Aviation Capital acquires two A320

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Sirius Aviation Capital acquires two A320

Sirius Aviation Capital has acquired two single-aisle, mid-life A320 aircraft.

The aircraft were purchased from a major Japanese JOL investor and BOC Aviation, a member of Bank of China Group.

This transaction brings the total fleet under management by Sirius to 19 aircraft on lease globally across 11 airline customers.

The aircraft were purchased from a major Japanese JOL investor and BOC Aviation.

The acquisition is a part of Sirius’ strategy of acquiring in-demand, single-aisle, mid-life aircraft that are on lease to strong airline credits globally.

Commenting on the transaction, Edward Coughlan, Chief Commercial Officer & Deputy CEO, Sirius said: “We are extremely pleased with the acquisition of these aircraft on lease to top tier airline credits availing of the attractive returns available in mid-life single aisle aircraft leasing.”

The aircraft, a 2009 build Airbus A320 on lease to Air France and a 2013 build Airbus A320 on lease to Iberia.